US mortgage crisis enters new chapter

There’s no avoiding it. The mortgage foreclosure scandal over in the United States is going to be impossible to ignore, and its impact on things could well end up being profound. Basically, lenders have been so desperate to foreclose on loans that they’ve taken to forging the documents they give the courts to do so. And the courts have been falling for it. Big mess ensues.

Click here for some background reading. It’s “Entitled mortgage fraud for dummies”, provides basic background, and a wealth of links to other pages.

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